I think this sounds crazy but Shanghai may re-test 3000 today

now HSI at -240, very likely U-turning

Monday April 4th Hong Kong market close for Ching Ming Festival

we need to pay attention to Nikkei, now dropping 550 points.

because HT was out of stock, the market maker only showed their Buy price (e.g RM0.15). No stock to sell so no Ask Price. What happened was that there were buyers who offered to buy at higher price (e.g RM0.16), so the higher buy price was listed first and above the one offered by the market maker. Ideally, buyers should have followed closely what the market maker offered e.g Buy Price at RM0.15 and Ask Price at RM0.155.

since HSI future dropped throughout the morning, eventually the Buy price of the market maker caught up to match those offered by other buyers. The Buy Price of the market maker improved from RM0.15 to RN0.175.

looks like HT is no longer out of stock

looks like recovery is only possible in the afternoon

wank, you can read the local business news here:
http://www.theedgemarkets.com/my

the exercise price for HT = 19,400
current HSI future is around 20,600
HT is out-of-money, about 1,200 points difference with 1 month to go before expiry date.
we need to find a put warrant which is near current HSI future, such as HU

the market maker is buying HT at RM0.15 right now

the rest of Asia in red, better buy Put first and then change to Call

China PMI figures of February and March may not be that accurate because of New Year holidays. If I remember correctly, February figure was worse than expected. And now March figure is a lot better than expected. April figure should be more accurate

yea, most of Asia in red.

better than expected

China will release official PMI figures later. Caixin Manufacturing PMI will follow an hour later. They are supposed to show improvement

crude oil finally broke below U$38...

seriously I do not understand how oil can maintain current price. We all know Iran is not going to cut production, instead will increase production.Surprisingly oil price has been stable.

yea, a good idea to check Macquarie web site first in the morning to learn about what price they offer

luckily I checked the Macquarie web site first. But even so, I was quite surprised, as the price there were lower, and I was confused

https://www.malaysiawarrants.com.my/tools?sp=lmatrix

wah, the price offered by Macquarie is a lot lower

C17 at price of RM0.39 maybe too expensive

Dow only up a bit, so HSI will not up a lot also. I will sideline first. If you want to play, play small

Crude closed relatively flat on Wednesday on a volatile day of trading, paring sharp gains from a bullish U.S. weekly stockpile report after traders received indications that OPEC production increased moderately in March.

http://www.investing.com/news/commodities-news/crude-flat-amid-bullish-u.s.-stockpile,-modest-gains-in-opec-output-392592

Fed's Evans sees high hurdle to April rate hike; June possible

http://www.investing.com/news/economy-news/fed's-evans-sees-high-hurdle-to-april-rate-hike;-june-possible:-cnbc-392511

tonight there is an important data:
U.S. ADP Nonfarm Employment Change

will give us some hint related to the U.S. nonfarm payrolls report on Friday

HSI future April ended 20,857

looks like HT sold out once again

HSI future March around 20,670
HSI future April around 20,750

looks like Shanghai want to test 3000

HSI is very boring for now. Any good recommendation of share or warrants?

if you do not play these 2 days, also no problem. We have a few more important data this Friday:

Friday morning -- China manufacturing PMIs
Friday night -- U.S. nonfarm payrolls & ISM manufacturing PMI

http://www.investing.com/news/economy-news/5-things-to-watch-on-the-economic-calendar-this-week-392019

almost lunch time, not advise to buy now

should have bought H when HSI failed to hold on to 20,700. Don't think it will drop much... maybe between 20550-20600

region, I based my opinion on theory. But if both C17 and C19 offer the same upside in percentage in real life, then go ahead and buy C19. But I want to stress that it is SAFE to play those warrants that are going to expire within a month. You do not have to worry about it at all if you play short term. Proven. Like I said I played C14 on the second last day. Another thing is those warrants with expiry date within a month usually move more.

Shanghai market dropping now, hope will bring HSI together...

recent high was 20772 March 21st

region, if you are playing for short term, it is not as bad as you think. It is actually a lot safer than we think. Here is some research that I have done.

I posted this a few weeks ago:
as you know, warrants lose value faster when they approach expiry date. How bad is it? Here is an example.

HSI-C14, expiry on 30 March 2016, exercise price 20,200. Assuming HSI future constant at 20,200, and constant Implied Volatility at 31.4%

March 8 RM0.352
March 9 RM0.344
March 10 RM0.336
March 11 RM0.328
March 12 RM0.319
March 13 RM0.311
March 14 RM0.302
March 15 RM0.292
March 16 RM0.283
March 17 RM0.273
March 18 RM0.262
March 19 RM0.252
March 20 RM0.240
March 21 RM0.228
March 22 RM0.215
March 23 RM0.202
March 24 RM0.187
March 25 RM0.171
March 26 RM0.153
March 27 RM0.133
March 28 RM0.109
March 29 RM0.077
March 30 0

HSI-C14 loses about 1 sen a day with 2-3 weeks remaining, and loses about 2-3 sen a day with 1 week remaining. Therefore it is more suitable for intra day trade as it approaches expiry date. (Update: The last time I played C14? The day before the last trading day)

- you can get the info above from
https://www.malaysiawarrants.com.my/tools
- select Tool and Charts menu
- select Warrant Calculator
- enter the name of the warrant in the search box, eg HSI-C14

Shanghai moving further up

region, HSI-C17 is more expensive but it is better because its exercise price is nearer to the current HSI future, so will move more

Wei Jie Yau, we do not know how far the market will go, so we take profit bit by bit

yea, looks like 20700 is temporary top for now

early morning, usually people will react to the news, after that it will slow down.

Wei Jie Yau, take profit gradually

Airasia moving?

hopefully HSI will pull back and we can get cheaper price on call warrant

Citing increased risks with global financial and economic conditions, along with widespread volatility in oil prices, Yellen reiterated on Tuesday that the U.S. central bank should exercise extreme caution with the timing of its next rate hike. Yellen's comments contradict a wave of hawkish remarks from several of her colleagues last week

http://www.investing.com/news/commodities-news/u.s.-stocks-soar,-as-yellen-boosts-markets-with-dovish-policy-stance-392381

The U.S. economy remains on track for a gradual path of rate hikes and fears over the impact of a slowing global economy and bouts of financial volatility are overdone, San Francisco Federal Reserve President John Williams said on Tuesday.

http://www.investing.com/news/economy-news/fed-rate-hikes-will-be-‘gradual-and-thoughtful’-–-williams-392248

http://www.investing.com/news/economy-news/fed's-williams-urges-u.s.-central-bank-to-stay-on-track-with-rate-rises-392246

Bing Feng Tan, GentingC25 is a better choice because the difference between bid price and ask price is only RM0.005

anyone here waiting for Airasia? :)

index up 11 points, don't think it can sustain. Most markets are cautious ahead of some important US data this week